HFTrading Review

Review sections

• Investor Protection & Regulations
• Tradable Products
• Account Opening
• Deposit & Withdrawals options
• Web & Desktop Trading Platforms
• Mobile Trading Platforms
• Trading Features
• Commissions & Spreads
• Bonus & Promotions
• Customer Support
• Research
• Trader Education
• Trading Experience
• FAQ
• Conclusion

HFTrading Video Review

Investor Protection & Regulations

“HFTrading is operated by CTRL Investments Limited which is a New Zealand based company and regulated by the New Zealand Financial Markets Authority (FMA), as well as the Australian Securities and Investments Commission (ASIC).”

HFTrading is operated by CTRL Investments Limited:

CTRL Investments Limited is a New Zealand based company and regulated by the New Zealand Financial Markets Authority (FMA), as shown on the FMA register below:

The company is also registered as a foreign company and licenced from the Australian Securities and Investments Commission (ASIC), as shown below:

Both regulators are seen as strong globally, adding to the safety and protection of client funds.

Tradable Products

“HFTrading offers users the ability to trade on more than 350+ CFD financial instruments covering Cryptocurrencies, Commodities, Forex, Shares, Indices and Metals”

HFTrading offers a wide range of instruments to trade on covering major asset classes such as Cryptocurrencies, Commodities, Forex, Shares, Indices and Metals.

Below is a list of just some of the available markets for trading:

* Details regarding the available assets are taken from the HFTrading website and trading platform and are correct at the time of this review.

Trading costs such as spreads and overnight funding (swap) rates vary depending on the instrument being traded and account type opened and are covered further down this review.

Account Opening

“HFTrading offers three main types of trading accounts called the Silver Account, Gold Account and Platinum Account. Each account comes with different features and benefits.”

HFTrading offers three main types of trading accounts which includes:

Each account comes with different features and benefits which are listed as a comparison table on the broker’s website, as shown below:

Users can access higher leverage in the gold and platinum accounts on all asset classes. Each account also comes with different features which are shown below:

To open an account, users simply need to click on the Open Account button on the broker’s homepage which leads to an application form and questionnaire as shown below:

After this, users are redirected to a deposit page and proof of identity and proof of address page. However, this can be done at a later stage in the HFTrading Client Portal area. The process of opening an account is actually very quick and simple.

The HFTrading.com domain is only intended for residents in Australia and New Zealand, as shown below:

Deposit & Withdrawals options

“HFTrading offers users the ability to deposit funds fee-free via credit and debit cards or by phone.”

HFTrading offers users the ability to deposit funds, fee-free, into their trading account through the HFTrading client portal area and via credit and debit cards or via phone, as shown below:

The minimum deposit amount is $250. To make a withdrawal users must fill in the withdrawal request form found in the HFTrading Client Portal area and requires trading account details, withdrawal amount, personal details and preferred payment method and details, as shown below.

Withdrawals are processed within 3 business days of request and there may be some Dormant Account Fees as shown below:

Web & Desktop Trading Platforms

“HFTrading offers users the ability to trade on the globally-recognised MetaTrader 4 trading platform for Desktop and Web.”

HFTrading offers users the ability to trade on the globally-recognised MetaTrader 4 trading platform for Desktop and Web. Downloads and links can be found in the HFTrading Client Portal area, as shown below:

HFTrading MetaTrader 4 Desktop

The HFTrading MetaTrader 4 Desktop platform provides users with a range of features, including:

• A range of technical trading indicators
• Real-time price quotes on multiple asset classes
• Multiple order types including market and pending
• One-click trading options

HFTrading MetaTrader 4 WebTrader

The HFTrading MetaTrader 4 WebTrader platform allows for browser-based trading and:

• Real-time price quotes
• Viewable trading history
• 30 built-in technical indicators
• One-click trading options

Below is a screenshot of the platform which is covered in more detail in the video review:

Mobile Trading Platforms

“HFTrading offers users the ability to trade on the MetaTrader 4 mobile trading app for Android and iOS users.”

HFTrading offers users the ability to trade on the MetaTrader 4 mobile trading app for Android and iOS users. This allows users the ability to:

• Trade directly from your phone
• Access a range of different asset classes
• Perform technical analysis on the charts with technical indicators
• Track trading history

Using the HFTrading mobile app is covered in more detail in the video review.

Trading Features

“HFTrading does not provide any additional trading features beyond the services available from the MQL5 community in the MetaTrader platform which includes copy trading services and a marketplace for indicators and strategies.”

HFTrading does not provide any additional trading features beyond the services available from the MQL5 community in the MetaTrader platform which includes copy trading services and a marketplace for indicators and strategies.

Commissions & Spreads

“HFTrading offers commission-free trading with spreads and swaps payable. These differ between asset class and account type opened. Overnight swap charges are much higher than the industry average but discounts are available.”

Trading costs with HFTrading vary depending on the market being traded and the account type opened. While trading is commission-free, spreads and swaps are payable. The broker details a list of their minimum spreads in the Variable Minimum Spreads PDF, as shown below:

HFTrading Forex Trading (Silver/Gold/Platinum)

HFTrading Indices Trading (Silver/Gold/Platinum)

HFTrading Commodities Trading (Silver/Gold/Platinum)

HFTrading Cryptocurrency Trading (Silver/Gold/Platinum)

HFTrading Shares Trading (Silver/Gold/Platinum)

Details regarding spreads can be taken directly from the MetaTrader 4 trading platform under Specifications tab, or from the broker’s Financing Fee Charges PDF, as shown below:

Bonus & Promotions

“At the time of writing, HFTrading does not provide any bonuses or promotions.’’

Customer Support

“HFTrading offers customer support via Telephone, Live chat and Email. Visitors can also contact the broker via an Online Feedback form.’’

The contact information for HFTrading is easily accessible from the homepage of the website. The Live Chat icon is centrally featured on the main page, with more details in the Contact Us page, as shown below:

After using the Live Chat feature, you are first given options to message customer support or visit the FAQ section, as shown below:

Contact Information:

• Address Head office: DJCA Ltd, Level 3, 50 Victoria Street, Christchurch Central, Christchurch, 8013, NZ

• Email: Support@HFTrading.com

• Phone: +44 2035196864 / +64 48895407 (Mon-Fri 2 am to 1 pm GMT)

• Social Media:
  • https://www.facebook.com/HFTrading.au
  • https://twitter.com/HFTradingAU

Research

“HFTrading offers limited trader research which only comes in the form of an Economic Calendar and an Earnings Reports Calendar.’’

HFTrading offers limited trader research. However, they do have an Economic Calendar on the homepage:

The broker also offers an Earnings Report Calendar, as shown below:

Trader Education

“HFTrading provides access to a large trader education section which includes various materials from videos on demand, eBooks, courses and tutorials, all covering a wide variety of topics for beginner and advanced traders.’’

HFTrading offers a wide variety of educational materials for both beginner and advanced traders. This includes videos, eBooks and online courses, as shown in the screenshot below:

The video on demand section provides access to a wide range of trading education videos covering a variety of topics for beginner and advanced traders. This includes MetaTrader videos, trader psychology and advanced strategies, as shown below:

The broker also provides access to a large range of eBooks covering different topics such as market analysis and trading psychology, as shown below:

Trading Experience

“HFTrading provides a simple and transparent trading offering to trade on more than 350+ asset classes on the MetaTrader 4 trading platform, across three different types of trading accounts with the options for higher leverage.”

From our observations, HFTrading provides a simple, transparent trading offering. Users can choose from a variety of commission-free trading accounts called the Silver Account, Gold Account and Platinum Account. Each account comes with different features such as a bigger discount on swap fees which are already much higher than the industry average.

Users can trade on more than 350+ asset classes covering CFDs on Cryptocurrencies, Commodities, Shares, Indices, Forex and Metals on the globally-recognised MetaTrader 4 trading platform for desktop, web and mobile. The education section offers a large number of videos and eBooks covering a wide range of different topics.

FAQ

Is HFTrading regulated?

Yes, by the New Zealand Financial Markets Authority (FMA) and the Australian Securities and Investments Commission (ASIC).

Where is HFTrading based?

HFTrading is based at DJCA Ltd, Level 3, 50 Victoria Street, Christchurch Central, Christchurch, 8013, NZ.

How does HFTrading make money?

HFTrading makes money mainly through spreads and swaps on its tradable asset classes and trading accounts.

How do I deposit in HFTrading account?

Funds can be deposited into a trading account via credit and debit cards or via phone.

What is the min. deposit for HFTrading?

The minimum deposit is $250.

How do I withdraw money from HFTrading?

Withdrawals can be made from HFTrading via bank wire transfer and other mediums.

What is the max leverage in HFTrading?

The maximum leverage offered by HFTrading is 1:400.

How do I open an account with HFTrading?

An account can be opened at the click of a button on the HFTrading website and can be done in just a few steps.

Does HFTrading use MetaTrader?

Yes, MetaTrader 4.

Conclusion

“HFTrading is regulated by the Australian Securities and Investments Commission (ASIC) and offers the ability to trade, commission-free, on more than 350+ financial instruments covering CFDs on Cryptocurrencies, Commodities, Forex, Shares, Indices and Metals on the MetaTrader 4 trading platform for Desktop, Web and Mobile.”

HFTrading is operated by CTRL Investments Limited which is a New Zealand based company and regulated by the New Zealand Financial Markets Authority (FMA), as well as the Australian Securities and Investments Commission (ASIC).

The broker offers the ability to trade commission-free on more than 350+ CFD instruments covering Cryptocurrencies, Commodities, Forex, Shares, Indices and Metals, across three main types of trading accounts called the Silver Account, Gold Account and Platinum Account.

With HFTrading, users can trade on the globally-recognised MetaTrader 4 trading platform for Desktop, Web and Mobile. The broker also offers a wide selection of educational resources through mediums such as articles, video on demand, courses, eBooks and tutorials. While there is limited live trading analysis and market research HFTrading does provide access to an Economic Calendar and Earnings Season Calendar.

• FMA and ASIC regulated.
• Commission-free trading available.
• 350+ financial instruments available to trade on.
• Can trade on MetaTrader 4 for desktop, web and mobile.